Claim of unabsorbed business loss, depreciation of amalgamated ...
High Court Confirms ITAT Decision on Amalgamated Company's Unabsorbed Loss and Depreciation Claim Under SICA and Income Tax Act.
September 9, 2017
Case Laws Income Tax HC
Claim of unabsorbed business loss, depreciation of amalgamated company - Order passed by BIFR u/s 32(2) of SICA r.w.s.72A(2)(ii) of IT Act - ITAT did not commit an error in confirming the disallowance of depreciation amounting in excess of the amount allowed by the BIFR - HC
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